Future with Artificial intelligence (AI)

        Artificial intelligence (AI) is a set of technologies that enable computers to perform a variety of advanced functions, including the ability to see, understand and translate spoken and written language, analyze data, make recommendations, and more. 

AI is the root of innovation in modern computing, unlocking value for individuals and businesses. For example, optical character recognition (OCR) uses AI to extract text and data from images and documents, turns unstructured content into business-ready structured data, and unlocks valuable insights.  

How will AI impact the future?

Motion of life. The most obvious change that many people will feel across society is an increase in the tempo of engagements with large institutions. Any organization that engages regularly with large numbers of users -- businesses, government units, nonprofits -- will be compelled to implement AI in the decision-making processes and in their public- and consumer-facing activities. AI will allow these organizations to make most of the decisions much more quickly. As a result, we will all feel life speeding up.

End of privacy. Society will also see its ethical commitments tested by powerful AI systems, especially privacy. AI systems will likely become much more knowledgeable about each of us than we are about ourselves. Our commitment to protecting privacy has already been severely tested by emerging technologies over the last 50 years. As the cost of peering deeply into our personal data drops and more powerful algorithms capable of assessing massive amounts of data become more widespread, we will probably find that it was a technological barrier more than an ethical commitment that led society to enshrine privacy.Thicket of AI law. We can also expect the regulatory environment to become much trickier for organizations using AI. Presently all across the planet, governments at every level, local to national to transnational, are seeking to regulate the deployment of AI. In the U.S. alone, we can expect an AI law thicket as city, state and federal government units draft, implement and begin to enforce new AI laws. The legal complexity of doing business will grow considerably in the next five years as a result.

Human-AI teaming. Much of society will expect businesses and government to use AI as an augmentation of human intelligence and expertise, or as a partner, to one or more humans working toward a goal, as opposed to using it to displace human workers. One of the effects of artificial intelligence having been born as an idea in century-old science fiction tales is that the tropes of the genre, chief among them dramatic depictions of artificial intelligence as an existential threat to humans, are buried deep in our collective psyche. Human-AI teaming, or keeping humans in any process that is being substantially influenced by artificial intelligence, will be key to managing the resultant fear of AI that permeates society.

Which industries will AI have a big impact on?

1. Education :- At all levels of education, AI will likely be transformative. Students will receive educational content and trainings tailored to their specific needs. AI will also determine optimal educational strategies based on students' individual learning styles. By 2028, the education system could be barely recognizable.
2. Healthcare :-  AI will likely become a standard tool for doctors and physician assistants tasked with diagnostic work. Society should expect the rate of accurate medical diagnosis to increase. But the sensitivity of patient data and complexity of navigating the laws that protect them are also likely to lead to an even more complicated medical-legal environment and increased costs of doing business.
3. Finance :- Natural language processing combined with machine learning will allow banks and financial advisors as well as sophisticated chatbots to efficiently engage with clients across a range of typical interactions: credit score monitoring, fraud detection, financial planning, insurance policy matters and customer service. AI systems will also be used to develop more complex and rapidly executed investment strategies for large investors. 
4. Law :- We can expect to see the number of small and medium-sized firms to fall over the next five years, as small teams of one to three humans working with AI systems do the work that would have required 10-20 lawyers in the past and do it more quickly and more cost effectively. Given the proper prompts, chatbots are already able to provide rudimentary summaries of applicable laws and draft contract clause language. Based on the last few years of AI development and presuming it continues apace, by 2028 the number of human lawyers in the U.S. could be cut by 25% or more.

5. AI in Transportation :- Transportation is one industry that is certainly teed up to be drastically changed by AI. Self-driving cars and AI travel planners are just a couple of facets of how we get from point A to point B that will be influenced by AI. Even though autonomous vehicles are far from perfect, they will one day ferry us from place to place.

6. AI in Manufacturing :-  Manufacturing has been benefiting from AI for years. With AI-enabled robotic arms and other manufacturing bots dating back to the 1960s and 1970s, the industry has adapted well to the powers of AI. These industrial robots typically work alongside humans to perform a limited range of tasks like assembly and stacking, and predictive analysis sensors keep equipment running smoothly. 

7. AI in Media :- Journalism is harnessing AI too, and will continue to benefit from it. One example can be seen in The Associated Press’ use of Automated Insights, which produces thousands of earning reports stories per year. But as generative AI writing tools, such as ChatGPT, enter the market, questions about their use in journalism abound.

8. AI in Coustomer Service :- Most people dread getting a robo-call, but AI in customer service can provide the industry with data-driven tools that bring meaningful insights to both the customer and the provider. AI tools powering the customer service industry come in the form of chatbots and  virtual assistants.